Hi panamax - sorry for the delay. I requested this forum a long time ago, not sure why it took so long for it to get set up, but...no matter. My reasons for being in GPD are similar to yours. They were relatively early getting in to the Yukon and accumulating properties. I think the results from this season have been decent so far but not enough to ignite the kind of frenzy we have seen with ATAC, for example. I am very interested to see the Gold Dome results. In the recent interview with Bill S. at the GPD site he mentions they added a third drill rig there based on what they were seeing. So...
- people: strong management team with experience creating shareholder value (EMC Metals), geo team looks strong also.
- properties: portfolio of properties in the Yukon and Nevada, some with past production
- cash flow: growing income stream from royalties will ramp significantly over the next few years. Small-scale production will further augment cash flow in the future.
Went to the Toronto conference this past weekend. I think the Coffins are right that the Tintina has the potential to become a major area play. While the winter time could offer opportunities to accumulate these stocks, I don't think it is a one season wonder by any stretch of the imagination. Good luck to us!
tsl